www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
China
Home / China / Society

PMI growth slows; signs promising

By WANG YANFEI | China Daily | Updated: 2017-05-01 05:23

Data show manufacturing sector keeps momentum, sub indexes remain strong

China's manufacturing growth slowed in April as the government tightened supervision of financial risks, but still maintains momentum, according to analysts.

The Purchasing Managers' Index, which reflects the manufacturing sector's performance, registered 51.2 in April, slightly lower than 51.8 a month earlier, according to data from the National Bureau of Statistics released on Sunday. The figure remains above the year-ago index of 50.1.

A figure above 50 indicates growth in the sector, which is a key driver of the Chinese economy, while anything below points to contraction. The reading has kept above 50 for nine consecutive months.

Although the growth speed slowed down a little compared with the previous two months, remaining above the 50 boom-or-bust point means that the sector has not lost its growth momentum and the economic fundamentals remain sound, according to Zhao Qinghe, a senior NBS statistician.

"Slower growth of domestic demand and supply and contracting energy-intensive industries have dragged down the pace of expansion of the manufacturing sector," Zhao said.

The PMI of high energy consumption was 49.3 in April, which is 2.1 points lower compared with the previous month and 1.9 points lower than the manufacturing sector as a whole.

His comment is echoed by data from the NBS released on Thursday in which growth of profits made by major large-scale industries slowed by 3.2 points in March compared with the previous two months.

Sluggish earnings growth in traditional sectors such as coal and steel is one of the major driving forces of sluggish profit growth, according to He Ping, also a statistician with the NBS.

"As Beijing puts more emphasis on fending off financial risks, manufacturing enterprises might face a tighter financing environment in the short term, putting pressure on production and on sales," said Xie Yaxuan, chief economist with China Merchants Securities. "But the policy environment will not put the sector or the economy into recession because some major drivers retain their growth potentials."

Some promising signs can be found in sub indexes of the PMI, in the equipment sector, which registered 52.1 and the high-tech manufacturing sector, reporting 53.4, in April, both well above the overall manufacturing sector.

Xie said high demand for consumption will support continued recovery of the economy. He cited the continued expansion of consumption manufacturing PMI reading in April, when it stood at 52.2.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 成人亚洲精品一区 | 手机毛片免费看 | 99爱视频在线 | 国产91精品高清一区二区三区 | 欧美国产在线看 | 国产精品一在线观看 | 国产成人亚洲合集青青草原精品 | 欧美一级黄 | www.亚洲在线 | 欧美色老头oldvideos | 国内真实愉拍系列情侣自拍 | 国产欧美一区二区三区久久 | 久久国产精品岛国搬运工 | 不卡午夜 | 99视频在线播放 | 精品一久久香蕉国产线看观 | 久色精品 | 成人亚洲精品777777 | 伊人婷婷色香五月综合缴激情 | 中日韩一级片 | 直接在线观看的三级网址 | 亚洲欧美大片 | 色偷偷亚洲精品一区 | 日本成人在线视频网站 | 日韩久久中文字幕 | 亚洲免费精品视频 | 黄频免费影院 | 国产精品成人免费观看 | 欧美成人性做爰网站免费 | 欧美在线视频免费观看 | 99久久久免费精品免费 | 日韩一区二区三区免费视频 | 欧美色欧美亚洲高清在线视频 | 免费中国一级啪啪片 | 黄录像欧美片在线观看 | 免费乱淫视频 | 高清一区二区三区免费 | 欧美激情亚洲 | 成人一级免费视频 | 日韩午夜视频在线观看 | 精品视频一区二区三三区四区 |